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Jenny has just given an insurance company $57,525. In return, she will recelve an annuity of $8.453 for 11 years. 0. At what rate of

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Jenny has just given an insurance company $57,525. In return, she will recelve an annuity of $8.453 for 11 years. 0. At what rate of teturn must the insurance company invest this $57,525 to make the annual payments? (Use a Financiol calculator or Excel to orrive of the onswers. Round the final answer to 3 decimal places. Submit your calculations on Moodle) Rate of return b. What rate of return is required if the annuity is payable at the beginning of each year? (Use a Finoncial calculator or Excel to arrive ot the answers. Round the final answer to 2 decimal ploces. Submit your calculation on Moodle) Rate of return

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